A special squad from the Kozhikode City cyber police has arrested Sufiyan Kabeer, a Tamil Nadu native, for his involvement in a Rs67-lakh online trading fraud. This arrest follows a two-year-long scientific investigation into the case, where Kabeer allegedly deceived an investor from Pantheerankavu.
According to police sources, Kabeer initially contacted the investor via social media, promising substantial returns from share trading. He built trust with the victim through consistent communication on various social media platforms. However, Kabeer unlawfully accessed the investor’s personal bank account to transfer the funds into his trading accounts, ultimately leading to the fraudulent scheme.